$680,000
$699,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,200 SqFt
SOLD DATE : 03/28/2023
Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $309
Subdivision Plat A
MLS Listing ID 1855007
Sold Date 03/28/23
Style Up And Down
Bedrooms 4
Construction Status Blt./Standing
HOA Y/N No
Year Built 1954
Annual Tax Amount $2,810
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 0.0x0.0x0.0
Property Description
100K PRICE REDUCTION! Location, location, location. Situated in the heart of Sugarhouse and across the street from Fairmont park, you will never have an issue attracting ample quality tenants. This walkable 4plex sits just two blocks from the S line, grocery stores, shopping and all of the amenities that Sugarhouse has to offer. Currently 3 of the 4 units are rented at well below market value, $850/month and leases expire in 2023. The 4th unit has been remodeled and ready for the new owner to set their rate and start getting market rents. The units are all separately metered for gas and electric, each have their own water heater, gas wall heater and mini split for AC and heat. Owners have left the remodeled unit vacant for prospective buyers to view prior to offering and to see the pro forma potential. The 3 occupied units all need updating and will not be shown without an accepted offer. Agent related to Seller.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Interior
Interior Features Oven: Gas
Heating Electric, Wall Furnace
Flooring Carpet, Tile
Fireplace false
Exterior
Exterior Feature Double Pane Windows
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront No
View Y/N No
Roof Type Asphalt
Present Use Residential
Topography Sprinkler: Auto-Full
Parking Type Parking: Uncovered
Total Parking Spaces 4
Private Pool false
Building
Lot Description Sprinkler: Auto-Full
Sewer Sewer: Connected
Water Culinary
Structure Type Cinder Block
New Construction No
Construction Status Blt./Standing
Schools
Elementary Schools None/Other
Middle Schools None/Other
High Schools None/Other
Others
Senior Community No
Tax ID 16-20-176-028
Acceptable Financing Cash, Conventional
Horse Property No
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Realtypath LLC (Central)